5239 Hamilton BlvdAllentown, PA 18106

  • Mixed-use properties
  • 4,893 SF
For Lease
$14/SF/YR View listing

Property Details for 5239 Hamilton Blvd

Year built
1850
Construction
TYPE NOT SPECIFIED
Lot size
1.99 AC
Property size (Sq ft)
4,893 SF
Zone code
C
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
547576009757-1
APU
5475760097571

Description

This exceptional commercial property at 5239 Hamilton Boulevard in Allentown, Pennsylvania, offers 3,000 square feet of first-floor office space, immediately available for lease. Situated on a 2-acre lot in Lehigh County, this single-tenant space boasts a highly desirable location directly across from Hamilton Crossings, a major retail center anchored by Target, Whole Foods, and Costco. The building's total square footage is 5,913 square feet, with ample parking for 17 vehicles. The interior features several private offices, a spacious reception area, an open plan workspace, and multiple restrooms. A separate downstairs break area with its own entrance and additional restroom adds convenience. The space is ideal for a variety of professional office uses, including traditional, medical, or creative office settings. The property is zoned Wescosville Commercial and offers a lease rate of $14 per square foot, NNN. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and convenient access to major retail amenities. The property is located in Allentown, PA, zip code 18106.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,215,497
    6.5%
    $1,121,997
    7%
    $1,041,855
  • Comparable approach

    Method
    Valuation
    Relative Method
    $643,617
    Geo Method
    $639,319
  • Alternative Use

    Use
    Valuation
    Residential
    $1,391,277
    Hospitality
    $1,274,402
    Educational
    $1,060,287
    Medical
    $1,096,752
    Retail
    $1,649,336
5239 Hamilton Blvd, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5646
Longitude
-75.5592
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,481
$491,200
$257,000
$748,200
-
$491,200
$257,000
$748,200

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